As Q4 gets into full swing, we can take a moment to look back over our shoulders at where we’ve come from. The sustained upward trend of the markets is obvious from this view, and the recent downturn in the market appears as a bump against some otherwise solid gains. Even so, there are reasons for concern right now. The COVID pandemic hasn’t gone away – and it doesn’t look like it will go away either. The September jobs numbers were weak, and unemployment only fell because too many… Source link
Read More »Yandex N : Russia’s Delimobil discloses strong revenue growth in U.S. IPO filing
Oct 8 (Reuters) – Delimobil Holding S.A. on Friday filed for an initial public offering (IPO) in the United States and revealed that its revenue for the first half of this year more than doubled, as the car-sharing company becomes the latest in a slew of Russian firms targeting market debuts. Russian IPO activity is picking up pace as the global economy improves and concerns over fresh Western sanctions fade. The Moscow Exchange expects to hold 10 share listings by the end of… Source link
Read More »Yandex NV (YNDX) gains 1.79% on Strong Volume September 10
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Read More »Yandex’s (NASDAQ:YNDX) five-year earnings growth trails the strong shareholder returns
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But when you pick a company that is really flourishing, you can make more than 100%. For instance, the price of Yandex N.V. (NASDAQ:YNDX) stock is up an impressive 254% over the last five years. And in the last month, the share price has gained 15%. We note that Yandex reported its financial results recently; luckily, you can catch up on the latest revenue and profit… Source link
Read More »Strong August jobs report will be green light for taper
Federal Reserve Governor Christopher Waller said Friday that if the August jobs report next week shows more than 850,000 payroll gains, he would advocate taking the first steps in pulling back the Fed’s easy money policies. “I would like to go early this fall,” Waller told Yahoo Finance in an exclusive interview on Friday. “I don’t see any reason that we would need to wait until next year. That’s my own view, unless something really bad comes out in the job market report next… Source link
Read More »Yandex NV (YNDX) gains 1.28% on Strong Volume August 26
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Read More »Strong July jobs report points to Fed taper this year
A better-than-expected jobs report for July shows the economy may soon be ready to run with reduced support from the Federal Reserve. Data from the U.S. Bureau of Labor Statistics released Friday morning showed 943,000 non-farm payroll gains last month, with the unemployment rate falling to 5.4%. The economy continues to inch closer to pre-pandemic shape. In the depths of the economic shutdown, employment levels dropped by as much as 22.4 million. As of July 2021, the economy appeared to… Source link
Read More »3 Stocks Flashing Signs of Strong Insider Buying
Every investor wants an ‘in,’ some hint that will tell exactly what a stock is going to do, and when. The kind of signal that will cut through the market’s noise, and makes sense of the deluge of raw data that every company generates. Multiply that data by 10,000 publicly traded stocks, and you’ll have some idea of just how daunting the markets can be. It’s tempting to follow an expert: a Wall Street analyst, or a trading guru. They all have important contributions to make. But… Source link
Read More »Russia’s Yandex ups 2021 e-commerce investment plan after strong Q2
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. By Alexander Marrow MOSCOW (Reuters) -Russian internet giant Yandex said on Wednesday it intends to spend around $650 million on e-commerce initiatives this year, more than previously planned, after reporting strong second-quarter results and upgrading its 2021 revenue forecast. Group revenue this year should now be between 330 and 340 billion roubles ($4.49-$4.63 billion),… Source link
Read More »Russia’s internet giant Yandex upgrades outlook after strong Q2
MOSCOW (Reuters) -Russian internet giant Yandex on Wednesday reported a 34% rise in second-quarter adjusted net income compared with a year ago and raised its 2021 group revenue forecast to between 330 and 340 billion roubles ($4.49-$4.63 billion). Yandex, which is spending $400-500 million on an e-commerce drive this year to tap into the pandemic-driven surge for online services, said gross merchandise volumes (GMV) for its e-commerce businesses jumped 155% to 35.1 billion roubles year on… Source link
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